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Industry


More firms wound up for abusing insolvency regime

Eight companies have been wound up in the public interest by the High Court as part of on-going investigations by The Insolvency Service over the last six months. Read full story


UK small businesses not seeking finance

Owner-managed businesses are avoiding taking on additional debt to fund their company, according to new research. Read full story


Falkirk company director guilty of VAT fraud

A company director has been sentenced to two years in prison after he pleaded guilty to VAT fraud. Read full story


Baker Tilly confirm RSM Tenon acquisition

Baker Tilly yesterday (2 September) formally confirmed the acquisition of “profitable trading subsidiaries” of RSM Tenon group. Read full story


Meat boss banned for 13 years over invoice finance breach

A director of a meat wholesale company has been banned from acting as a company director for 13 years, following an investigation by The Insolvency Service. Read full story


Estate agency insolvencies jump 57%

The number of estate agencies entering administration has increased by 57% year-on-year, according to a new report. Read full story


RSM Tenon sold to Baker Tilly in pre-pack deal

Troubled accountancy firm RSM Tenon has today (22 August) entered administration, after sole lender Lloyds Bank withdrew its support. Read full story


Contribute to Insolvency Today’s insurance survey with just three clicks

As part of the upcoming feature on insurance in Insolvency Today’s August/September edition, the editorial team is seeking your views on insurance and online delivery. Read full story


Business group ups UK growth forecast

The CBI has raised its growth forecast from 1% to 1.2% in 2013 citing increased confidence and credit availability. Read full story


Investors to lose out in Baker Tilly & RSM Tenon deal

Investors in RSM Tenon are likely to be left short-changed should a merger or takeover by Baker Tilly materialise. Read full story


Gordon Brothers appoints new starters

Advisory, restructuring and investment firm Gordon Brothers Europe has announced three new appointments to its Valuation & Corporate Recovery team. Read full story


Jailed director banned for 14 years

A jailed director of a Wakefield accountancy practise has been disqualified from acting as a company director for 14 years. Read full story


IVAs to rise along with house prices

Rising house prices and easier access to mortgages could see an increase in Individual Voluntary Arrangements (IVAs). Read full story


New football finance rules a cause for concern

Championship and League football teams are more likely to be pushed into financial hardship following the introduction of the Financial Fair Play (FFP) regulations. Read full story


15 year disqualification for Jaunoir director

A bankrupt company director has been sentenced to 23 months imprisonment and disqualified from acting as a company director for 15 years by Oxford Crown Court. Read full story


Deloitte revenues top £2.5 billion as partner profits fall

The UK’s second largest accounting firm Deloitte today (12 August) posted revenues of over £2.5 billion for the year ending 31 May 2013. Read full story


Former IP jailed for three years

A former insolvency practitioner and accountant who stole over £200,000 from clients and insolvency estates before putting the money into his own accounts has been jailed for three years. Read full story


Debt plans transferred from Smooth Financial

Money Expert Group has taken on the debt management plans of Smooth Financial Consultants after it collapsed into administration. Read full story


VAT-dodging director banned for 12 years

The director of a company selling PlayStations has been disqualified from acting as a director for 12 years, following an investigation by The Insolvency Service. Read full story


Law firms warned on insolvency

Cash flow issues could put law firms in serious danger of insolvency, according to the restructuring and recovery practice of professional services firm Baker Tilly. Read full story